Trading the financial market can be very hard, especially if you don’t have a good knowledge of the market. In this article, we are going to look at how anyone with an interest in making money from forex trading can make money from forex without trading using the Deriv Ctrader
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Table of Contents
What is Deriv Ctrader?
Deriv Ctrader is an innovative trading platform created to connect newbies, beginner and struggling forex traders with proven strategies from seasoned traders. It is a win-win platform for both beginners and expert, as beginners will copy trades from seasoned expert at a fee and make sustainable income from the market while seasoned expert can make money from the fees paid by beginners and other percentage as the case maybe.
Why Ctrader?
- Unlike many other copy trading platform, Deriv Ctrade provides an avenue where users can test strategies using a demo account provided on the platform to copy trades without risking their capital. Thus allowing them to make informed decision when using their real or live account.
- The statistic provided on each strategy is well detailed; any users can see the minimum equity required for each strategy, percentage of growth, largest profit, largest loss, etc., thus allowing users to pick strategy based on their risk appetite
- Users can copy as many trades as possible, as long as the have the required equity to subscribe for each strategy
How to get Started
1. Open a Deriv Account, by clicking here
Read on How to Open a trading account with Deriv
2. Navigate to trader hub
Once you are done opening your account , navigate to traders hub.
3. Click on CFDs
on the trader hub, click on CFD
4. Scroll down and locate Deriv Ctrader, then click get.
After you click get, the get will turn to open, then click the open and download the Ctrader app on any devices of your choice.
5. Open the app and log in with your Deriv username and password after installation
Once successfully installed, log into the app with your Deriv username and password and start exploring the app.
6. Click on the copy tab and start exploring different strategies
Items like Minimum equity, largest drawdown and largest win can help you choose a good strategies that will give you good returns on investment.
7. Once you are satisfied with any signal, fund your Deriv Ctrader account and start copying. You can fund your ctrader account via the cashier section of Deriv.om
Resources:
- Guide to copy trading on Deriv cTrader
- Boost your earning potential as a strategy provider on Deriv cTrader’s copy trading platform
- How to manage risk while copy trading
Risk Disclaimer
Deriv offers complex derivatives, such as options and contracts for difference (“CFDs”). These products may not be suitable for all clients, and trading them puts you at risk. Please make sure that you understand the following risks before trading Deriv products: a) you may lose some or all of the money you invest in the trade, b) if your trade involves currency conversion, exchange rates will affect your profit and loss. You should never trade with borrowed money or with money that you cannot afford to lose.